Selling AAL puts for income.
Airlines are set to rebound as air travel picks back up. AAL should have even more potential upside as international routes are opened. The delta variant appears to be under control and TSA passenger data looks promising.
- Sell (to open) 3 AAL November 19th $20 puts
- Limit: $0.95 or more
- The new position will represent roughly 6.0% of our model.
- 11:03 Executed
- Sold 3 AAL Nov 19th $20 Puts @ $1.05